Releases

Of Interest to the Public & Students: Releases of publications and other material on the Treasury web site of interest to the general public and students.
Of Interest to Business: Information releases of interest to business.
Of Interest to Alumni: Recent publications and information of interest to Alumni (former staff of the Treasury).
Of Interest to the State Sector: Releases of publications, guidance and instructions, and other material on the Treasury web site of interest to the state sector.
Of Interest to Academics & Researchers: Releases of publications and other material on the Treasury web site of interest to academics and researchers.
Of Interest to Economic & Financial Analysts: Releases of publications, data, models and other material on the Treasury web site of interest to economic and financial analysts.
Of Interest to the Media: Releases of publications and other material on the Treasury web site of interest to the media.
New Zealand Treasury | All New Releases
Calendar of Upcoming Releases: List of upcoming release dates and times for publications and data where these have been announced by the Treasury or the Minister of Finance.
Budget Process Technical Guide Part 2 for Departments and Ministerial Offices: Released 8 Feb 2007. Covers the remaining technical aspects of the Budget process, among other things, the bilateral process, the financial recommendations process, the March Baseline Update and fiscal forecasting requirements.
Waterview Connection Procurement Steering Group - Call for Submissions: Released 6 Mar 2008. The Steering Group has issued a call for submissions. The Treasury has released further documents relating to the government's investigation of the feasibility of progressing the Waterview Connection, a proposed State Highway extension in Auckland, as a public private partnership (PPP).
Raising productivity is NZ’s greatest economic challenge: New Zealand’s long-term trend of productivity under-performance is the biggest economic challenge facing policy-makers and both the public and private sectors in New Zealand, Secretary to the Treasury John Whitehead said today.
New Treasury Productivity Papers series launched: The Treasury has launched a new series of research and policy publications - Productivity Papers - to publish Treasury work on productivity performance in New Zealand and what matters for productivity.
Treasury Productivity Papers on enterprise, innovation, investment and skills: The Treasury today released four new Productivity Papers focusing on the key areas of enterprise, innovation, investment and skills.
Strategic Assets - Changes to Overseas Investment Act Regulations - Information Release: Released 23 Apr 2008. Papers relating to the introduction of a new regulation under the Overseas Investment Act 2005 on strategically important infrastructure on sensitive land.
Budget 2008 - Budget Speech: Released 22 May 2008. The Budget Speech delivered today by Hon Dr Michael Cullen, Minister of Finance, is the Minister's speech at the start of Parliament's Budget debate.
2008/09 Domestic Debt Programme (NZDMO): Released 22 May 2008. The New Zealand Debt Management Office (NZDMO) announced today details of the Government’s 2008/09 domestic debt programme.
Budget Economic & Fiscal Update 2008: Released 22 May 2008. The Budget Economic & Fiscal Update 2008 includes Treasury's overall economic forecasts and forecast financial statements of the Government.
Budget 2008 - Personal Tax Package: Released 22 May 2008. The Budget 2008 pages on the Treasury website have been updated with information on the personal tax package announced in Budget 2008. The information includes fact sheets, examples and tables for calculating savings.
Budget 2008 - Documents: Released 22 May 2008. The Budget 2008 home page has been updated with links to all Budget documents, including the Fiscal Strategy Report, Estimates of Appropriations 2008/09, the ten sector volumes of the Information Supporting the Estimates 2008/09, and the Supplementary Estimates of Appropriations 2007/08 and to additional Treasury Budget information such as the Key facts for Taxpayers.
The Treasury Statement of Intent 2008-13: Released 22 May 2008. The Treasury has published its Statement of Intent 2008-2013 which is part of the Finance and Government Administration sector volume of the Information Supporting the Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2009.
Growth in a World of Limits - Speech by John Whitehead, Secretary to the Treasury: Released 4 Jun 2008. Responding to climate change is part of a broader challenge to achieve sustainable economic growth in a world of natural resource limits, Secretary to the Treasury John Whitehead said today.
Budget 2008 - Information Release: Released 20 June 2008. Documents relating to Ministers' Budget strategy for Budget 2008, key decisions by Cabinet, bilateral briefings, personal tax cuts policy development and other papers.
Preparing the Annual Report: Guidance and Requirements for Departments: Released 24 Jun 2008. The Treasury has prepared updated guidance for Departments and Offices of Parliament on the preparation of their annual reports.
Managing Long Term Health Expenditure - Information Release: Released 30 Jun 2008. The Treasury has released material relating to the Treasury's work on long term challenges in health.
Financial Statements of the Government of New Zealand for the Eleven Months Ended 31 May 2008: Released 4 Jul 2008. Financial Statements of the Government of New Zealand for the eleven months ended 31 May 2008 were released by the Treasury today.
New Zealand's Liability Under the Kyoto Protocol: Released 4 Jul 2008. The Treasury publishes regular updates of the quantum, carbon price and exchange rate data used to calculate the value of the provision for Kyoto liability reported in the Financial Statements of the Government of New Zealand.
Transfer of the Regulatory Impact Assessment Unit to the Treasury: Released 4 Jul 2008. The Treasury has released information about the transfer of the Regulatory Impact Assessment Unit (RIAU) and its functions to the Treasury.
NZDMO announces first TAP tenders (NZDMO): The New Zealand Debt Management Office (NZDMO) has announced details of its first tap tender to be held today, 11 July 2008.
Public Sector Discount Rates for Cost Benefit Analysis: The discount rate plays an important role in the cost-benefit analysis of public sector projects. The Treasury’s Cost Benefit Analysis Primer sets out what discount rate is appropriate in any situation and how it should be used.
NZDMO announces TAP tender: The New Zealand Debt Management Office (NZDMO) has announced details of a tap tender to be held today, 15 July 2008.
Treasury Working Paper - The Contribution of Foreign Borrowing to the New Zealand Economy: Released 16 Jul 2008. The Treasury has released its third Working Paper for 2008 - The Contribution of Foreign Borrowing to the New Zealand Economy (WP 08/03) by Anthony Makin, Wei Zhang and Grant Scobie. This paper views New Zealand’s current account deficits as symptomatic of an economic growth process in which the rate of the economy’s capital accumulation exceeds its domestic saving rate. Expansion of the domestic capital stock attributable to foreign saving leads to higher national output and national income per head, net of the servicing cost of foreign capital.
Preparing Reports on Non-departmental Appropriations - Guidance and Requirements for Administering Departments: Released 23 Jul 2008. This guidance document sets out what is expected and/or required of administering departments in preparing reports on behalf of their Ministers in relation to non-departmental appropriations in accordance with section 32A of the Public Finance Act 1989 (the PFA).
Changes to Kiwi Bond Interest Rates (NZDMO): Released 31 Jul 2008. The New Zealand Debt Management Office announced today that the interest rate for six month Kiwi Bonds will decrease by 0.25% to 7.25% and the rates for one and two year bonds will decrease by 0.50% to 6.50% and 6.25% respectively, effective immediately.
Monthly Economic Indicators July 2008: Released 4 Aug 2008. Following recent data releases, we consider the economy contracted in June 2008, its second consecutive quarterly decrease. Inflation is currently high, but should ease in the medium term as a result of continuing weak GDP growth.
Historical Fiscal Time Series: Released 8 Aug 2008. The spreadsheet contains historical fiscal data, including debt, fiscal balance, tax and spending since 1972. An explanation of each series can be found in the Series Description sheet.
Report of the Waterview Connection Procurement Steering Group: Progressing the Waterview Connection as a Public Private Partnership: Released 26 Aug 2008. The Government has released the report of the Waterview Connection Procurement Steering Group.
Changes to Kiwi Bond Interest Rates (NZDMO): Released 15 Sep 2008. The New Zealand Debt Management Office announced today that the interest rate for six month Kiwi Bonds will decrease by 0.50% to 6.75% and the rates for one and two year bonds will decrease by 0.25% to 6.25% and 6.00% respectively, effective immediately.
Crown Purchase of Toll New Zealand Rail and Ferry Business: Released 15 Sep 2008. The Treasury has been asked by the Minister of Finance’s office to place on this website documents relating to the Crown’s purchase of Toll New Zealand’s rail business (now renamed KiwiRail) on 1 July 2008.
Changes to Kiwi Bond Interest Rates (NZDMO): Released 26 Sep 2008. The New Zealand Debt Management Office announced today that the interest rate for six month Kiwi Bonds will decrease by 0.75% to 6.00% and the rates for one and two year bonds will decrease by 0.25% to 6.00% and 5.75% respectively, effective immediately.
Changes to Kiwi Bond Interest Rates (NZDMO): Released 29 Oct 2008. The New Zealand Debt Management Office announced today that the interest rates for the six month and one year Kiwi Bonds will decrease by 0.75% to 5.25% and the rate for two year bonds will decrease by 0.50% to 5.25%, effective immediately.
A Guide to Appropriations: Released 25 Nov 2008. The Treasury has published an updated Guide to Appropriations.
Changes to Kiwi Bond Interest Rates (NZDMO): Released 10 Dec 2008. The New Zealand Debt Management Office announced today that the interest rates for six month Kiwi Bonds will decrease by 0.75% to 4.50% and the rate for one and two year bonds will decrease by 1.00% to 4.25%, effective immediately.
Speech by John Whitehead - Global Economic and Financial Crisis: Origins, Responses and Ongoing Challenges for New Zealand: Speech delivered by John Whitehead, Secretary to the Treasury, on 15 December 2008 to Russell McVeagh, Auckland.
Wholesale Guarantee Scheme fees reduced: Released 27 Jan 2009. Treasury Secretary John Whitehead today announced a drop in fees for the Wholesale Funding Guarantee Scheme, effective from today.
Changes to Kiwi Bond Interest Rates (NZDMO): Released 30 Jan 2009. The New Zealand Debt Management Office announced today that the interest rates for six month Kiwi Bonds will decrease by 1.50% to 3.00% and the rate for one and two year bonds will decrease by 1.25% to 3.00%, effective immediately.
Briefing to the Incoming Minister of Finance 2008: Economic and Fiscal Strategy: Released 30 Jan 2009. The Treasury has released its Briefing to the Incoming Minister of Finance 2008: Economic and Fiscal Strategy - Responding to Your Priorities. This briefing document was prepared before the general election of November 2008 as a starting point for supporting the incoming Minister of Finance in developing the government's economic and fiscal strategy.
Treasury accepts findings of Inquiry into ACC shortfall: Released 3 Mar 2009. The Treasury accepts the findings and recommendations of the Ministerial Inquiry Into Disclosure of Funding Shortfall in ACC Non-earners’ Account, Treasury Secretary John Whitehead said today. .
Review of Overseas Investment 2009: Released 26 Mar 2009. On 17 March 2009 the government announced it would review the Overseas Investment Act 2005 and the Overseas Investment Regulations 2005. .
Wholesale Guarantee Scheme fees reduced: Released 26 Mar 2009. Treasury Secretary John Whitehead today announced a drop in fees for the Wholesale Funding Guarantee Scheme, effective from today.
Regulatory Review Work Programme - Information Release: In February this year the Government has agreed to a regulatory review programme for 2009. Information and key documents that have been released are available on the Treasury website.
Results: Government Bond Repurchase Number 8001 (NZDMO): Released 8 Apr 2009. The New Zealand Debt Management Office (NZDMO) has released the results of government bond repurchase (reverse tap tender) number 8001 held on 8 April 2009.
Media Statement: Crown Withdraws Guarantee from Viaduct Capital Limited: Released 20 Apr 2009. The Crown has given notice to Viaduct Capital Limited today that it is withdrawing the Crown retail deposit guarantee from Viaduct, effective immediately upon receipt of the notice by Viaduct.
Media Statement: Changes to the release of Budget information: Released 21 Apr 2009. The Government is updating processes for releasing material for this year’s Budget. These changes are to establish clear rules for involvement in Budget lock-ups and embargoed access to Budget documents, recognising the availability of material on-line and the need for security in this and future Budgets.
Increase to the 2008/09 Domestic Debt Programme and Introduction of a New Government Bond (NZDMO): Released 4 May 2009. The New Zealand Debt Management Office announced today an increase to the 2008/09 Domestic Debt Programme and introduction of a new Government Bond.
New Zealand Economic and Financial Overview 2009: Released 7 May 2009. The Treasury has published the New Zealand Economic and Financial Overview 2009 which describes the structure, performance and history of the New Zealand economy. This annual publication is an excellent resource for those wanting an understanding of how New Zealand's economy operates and performs.
Retail Deposit Guarantee Scheme - Institutions Approved on 20 May 2009: Released 22 May 2009. The Treasury has released details of two institutions approved under the Crown retail deposit guarantee scheme. These institutions signed a Crown deed of guarantee or Crown deed of nomination on 22 May: Direct Broking Call Account, Marsden Point Refinery Credit Union.
2009/10 Domestic Debt Programme (NZDMO): Released 28 May 2009. The New Zealand Debt Management Office (NZDMO) announced today details of the Government’s 2009/10 domestic debt programme.
Budget 2009 - Minister's Executive Summary: Released 29 May 2009. The Executive Summary is the overview of all the Budget information and contains the key points for the media and general public. It summarises the government's spending decisions and generally focuses on issues raised in the Budget Speech, Budget Economic and Fiscal Update and Fiscal Strategy Report.
Budget Economic and Fiscal Update 2009 (BEFU): Released 28 May 2009. This document includes Treasury's overall economic forecasts and forecast financial statements of the Government.
Budget 2009 - Documents: Released 28 May 2009. The Budget 2009 home page has been updated with links to all Budget documents, including the Fiscal Strategy Report, Estimates of Appropriations 2009/10, the ten sector volumes of the Information Supporting the Estimates 2009/10, and the Supplementary Estimates of Appropriations and Supporting Information 2008/09 and to additional Treasury Budget information such as the Key Facts for Taxpayers.
The Treasury Statement of Intent 2009-2012: The Treasury has published its Statement of Intent 2009-2012 which is part of the Finance and Government Administration sector volume of the Information Supporting the Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2009.
Budget 2009 - Budget Speech: Released on 28 May 2009. The Budget Speech is the Minister of Finance's speech at the start of Parliament's Budget debate. The Speech generally focuses on the overall fiscal and economic position, and how the government will fund its policy priorities.
Retail Deposit Guarantee Scheme - Institution Approved on 27 May 2009: Released 29 May 2009. The Treasury has released details of an institution approved under the Crown retail deposit guarantee scheme. This institution signed a Crown deed of nomination on 27 May 2009: Thoroughbred Cash Fund.
Impact of an eleven-year contribution holiday on the New Zealand Superannuation (NZS) Fund: Released 29 May 2009. The Treasury has released documents that provide more information on the impact of the eleven-year contribution holiday on the capital contributions and the size of the New Zealand Superannuation (NZS) Fund.
Primary Health Care Contribution to Health System Sustainability - Information Release: Released 9 Jun 2009. The Treasury has released an internal discussion document titled How can Primary Health Contribute Better to Health System Sustainability?: A Treasury Perspective. This paper was cited by the OECD in its report on the 2009 Economic Survey of New Zealand.
Retail Deposit Guarantee Scheme - Institution Approved on 8 June 2009: Released 10 Jun 2009. The Treasury has released details of an institution approved under the Crown retail deposit guarantee scheme. This institution signed a Crown deed of nomination on 8 June 2009: Guardian CashPlus Fund.
Pandemic Influenza: Economic Impact and Treasury Preparedness: Released 18 Jun 2009. The Treasury has released a report to the Minister of Finance on the potential economic impact of an influenza pandemic. The report was prepared on 29 April 2009 in response to human cases of H1N1 influenza being confirmed in New Zealand, and the World Health Organisation raising the level of influenza pandemic alert to phase 4 (‘sustained human-to-human transmission’).
Budget 2009 Information Release: Released 25 Jun 2009. The Treasury has released documents relating to Ministers' Budget strategy for Budget 2009, key decisions by Cabinet, bilateral briefings, support party briefings, line-by-line reviews by departments and other papers.
Treasury Instructions 2009: Released 1 Jul 2009. The Treasury has issued Treasury Instructions 2009 which are effective from 1 July 2009.
New Zealand's Position Under the Kyoto Protocol: Released 3 Jul 2009. The estimate of New Zealand’s position reported in the Financial Statements of the Government of New Zealand for the Eleven Months Ended 31 May 2009 is a $NZ 215 million net asset.
Treasury corrects error on Ministerial expenses: Released 2 Jul 2009. Information released last week by Treasury in Budget documents included a column of incorrect figures relating to four items in Vote Ministerial Services.
Influenza A (H1N1) Pandemic: Potential Economic Impact: Released 14 Jul 2009. The Treasury has released a report it prepared for the Minister of Finance on the potential impact of the influenza A (H1N1) pandemic on the New Zealand economy.
Preparing Reports on Non-departmental Appropriations: Guidance and Requirements for Administering Departments: Released 16 Jul 2009. This guidance document sets out what is expected and/or required of administering departments in preparing reports on behalf of their Ministers in relation to non-departmental appropriations in accordance with section 32A of the Public Finance Act 1989 (the PFA).
Public Sector Performance - Speech by John Whitehead, Secretary to the Treasury: Released 20 Jul 2009. The Treasury has released a speech delivered by John Whitehead, Secretary to the Treasury, on Monday 20 July 2009 to Victoria University School of Government seminar at Renouf Foyer, Michael Fowler Centre, Wellington.
New Policy Perspectives paper - Spending through the Tax System: Tax Expenditures: The Treasury has published a new paper in its Policy Perspectives Papers series: Spending through the Tax System: Tax Expenditures by Craig Fookes.
Government Statement on Regulation: Better Regulation, Less Regulation: The government issued the Government Statement on Regulation on 17 August 2009.
New Zealand's 2020 Emission Target: Treasury Advice - Information Release: Released 18 Aug 2009. The Treasury has released documents that comprise Treasury advice to the Minister of Finance relating to the recent decision on New Zealand's 2020 emission reduction target.
Public Sector Financial Management Capability Survey - Information Release: Page updated 18 Aug 2009 Released 18 Aug 2009. The Treasury surveyed public sector chief executives (CEs) and chief financial officers (CFOs) in 2008 to identify the main issues with financial management capability in the public sector and has released the results of the survey.
Government to Extend Retail Deposit Guarantee: Released 25 Aug 2009. The government today announced that it will extend the Retail Deposit Guarantee Scheme to 31 December 2011 and change some of its terms and conditions. The current scheme ends on 12 October 2010.
Media Statement: Positioning the Treasury for future challenges: Released 3 Sep 2009. Secretary to the Treasury John Whitehead today announced changes to the agency’s leadership structure.
Infrastructure: Facts and Issues (National Infrastructure Unit): Released 7 Sep 2009. The National Infrastructure Unit today released a document 'Infrastructure: Facts and Issues. The Treasury has developed this as a basis for engagement with targeted stakeholders while it works towards developing the first National Infrastructure Plan.
Regulatory Impact Statement: Extending the Retail Deposit Guarantee Scheme: Released 8 Sep 2009. The Treasury has released the regulatory impact statement prepared to support the consideration of the Crown Retail Deposit Guarantee Scheme Bill 2009.
Information for Depositors and Institutions - Extended Retail Deposit Guarantee Scheme: Released 18 Sep 2009. The Treasury has published information for depositors and institutions on the extended retail deposit guarantee scheme. The information includes eligibility criteria, policy guidelines, an application form for institutions, draft example Crown deeds of guarantee and questions and answers.
Monthly Economic Indicators October 2009: Released 2 Nov 2009. World outlook is stronger but significant challenges remain
Regulatory Impact Statement: Climate Change Response (Moderated Emissions Trading) Amendment Bill: Released 24 Sep 2009. The Treasury has released the regulatory impact statement prepared to support the consideration of the Climate Change Response (Moderated Emissions Trading) Amendment Bill.
Information Release - Extended Retail Deposit Guarantee Scheme: Released 25 Sep 2009. The Treasury has released documents relating to the development of government policy on the extended Crown retail deposit guarantee scheme.
An Introduction to the New Zealand Treasury Model (WP 09/02): Released 30 Sep 2009. This paper provides an accessible introduction to NZTM, an update of changes to the model since the last documentation and briefly describes the role NZTM has in the Treasury’s economic forecasting process.
Guidance for Public Private Partnerships (PPPs) in New Zealand (National Infrastructure Unit): Released 2 Oct 2009. The National Infrastructure Unit today released a document 'Guidance for Public Private Partnerships (PPPs) in New Zealand'.
Media Statement: Treasury holds second vendor forum: Released 2 Oct 2009. Peter Mersi, Deputy Secretary, State Sector Performance Group announced today the Treasury held its second information session for vendors who provide business consulting services.
The New Zealand Economy: Outlook and Policy Challenges - Presentation by the Secretary to the Treasury: Released 7 Oct 2009. Secretary to the Treasury John Whitehead recently addressed the chairs of approximately 40 New Zealand companies and organisations at the Institute of Directors’ 2009 Company Chairman’s Workshop on 25 September 2009. His presentation outlined the Treasury’s thinking on the current economic situation and the challenges facing New Zealand.
Appointment of Executive Director National Infrastructure Unit: Released 7 Oct 2009. Treasury Secretary John Whitehead today announced the appointment of Richard Forgan as Executive Director of the National Infrastructure Unit, which is tasked with taking a national overview of infrastructure priorities and providing cross-government co-ordination, planning and expertise.
Financial Statements of the Government of New Zealand for the Year Ended 30 June 2009: Released 14 Oct 2009. The Financial Statements of the Government of New Zealand for the Year Ended 30 June 2009 were released by the Treasury today.
Annual Report of the Treasury for the Year Ended 30 June 2009: Released 14 Oct 2009. The Treasury's annual report was tabled by the Minister of Finance in Parliament today and has been released by the Treasury.
Information Release - ACC Work Account Contestability: Released 22 Oct 2009. The Treasury has released an aide memoire responding to the Prime Minister's request for urgent Treasury input to the issue of contestability in ACC's work account. This document was tabled in Parliament on 21 October 2009 by Hon John Key.
Challenges and Choices: New Zealand's Long-term Fiscal Statement: Released 29 Oct 2009. The Treasury has released its second statement on New Zealand's long-term fiscal position, Challenges and Choices: New Zealand's Long-term Fiscal Statement. The Secretary to the Treasury, John Whitehead, gave a speech about the statement at a briefing held at the Treasury today.
Report of the Regulatory Responsibility Taskforce: Released 29 Oct 2009. The Report of the Responsibility Taskforce was presented to Hon Bill English, Minister of Finance and Hon Rodney Hide, Minister for Regulatory Reform on 30 September 2009. The report includes a draft Regulatory Responsibility Bill and other recommendations to make law-making in New Zealand more transparent and accountable. The report was released by Hon Rodney Hide on 29 October 2009 and is available on the Treasury’s website.
Tax Outturn Data September 2009: Released 4 Nov 2009. Total unconsolidated tax revenue for the three months to September 2009 was $1,215 million (8.5%) below the 2009 Budget Economic and Fiscal Update (2009 BEFU) forecast and $2,293 million (14.9%) less than the same period last year.
Financial Statements of the Government of New Zealand for the Three Months Ended 30 September 2009: Released 4 Nov 2009. The Financial Statements of the Government of New Zealand for the Three Months Ended 30 September 2009 were released by the Treasury today.
New Zealand's Position Under the Kyoto Protocol: Released 14 Oct 2009. The estimate of New Zealand’s position reported in the Financial Statements of the Government of New Zealand for the Year Ended June 2009 is a $NZ 207 million net asset.
Report on Closing Income Gaps with Other OECD Countries - Information Release: Released 18 Nov 2009 The Treasury has released a report it prepared for the Minister of Finance in August 2009 in light of the goal of closing the income gap with other OECD countries, in particular with Australia by 2025. The purpose of the report is to set out the key economic issues and challenges facing the country at present.
Media Statement: Flexibility Being Introduced to Retail Deposit Guarantee Scheme: Released 18 Nov 2009. The Treasury announced on 18 November 2009 that it will make the Retail Deposit Guarantee Scheme more flexible by withdrawing existing deeds and replacing them with revised guarantee deeds for the current scheme. The replacement deeds take effect from 1 January 2010.
Results: Government Bond Tender Number 323 (NZDMO): The New Zealand Debt Management Office (NZDMO) has released the results of Government bond tender number 323 held on 19 Nov 2009.
International Public Sector Accounting Standards - Information Release: Released 23 Nov 2009. The Treasury has released a report prepared by the Office of the Auditor-General (OAG) on the government's financial statements' compliance with International Public Sector Accounting Standards (IPSAS).
Results: Treasury Bill Tender Number 1293 (NZDMO): NZDMO has announced the results of Treasury Bill Tender Number 1293 held on 24 November 2009.